Words of wisdom

The greatest investor of all-time is Warren Buffett. He is also the second richest man in the world besides Bill Gates. Since I have been studying stocks and the economy, I have probably read more books and papers on Warren Buffett than any other person (Jim Cramer is a close second). He is the epitomy of value investing. Anyway, his quarterly conference call was last week (with is sidekick Charles Munger). Berkshire Hathaway had a good quarter, but more importantly...they answered some pertinant questions on their thoughts and positions on several subjects from the real estate market to commodity prices. I think that these words are worth reading. Here is the article: World's Greatest Investor. Enjoy!